Vikram Solar, a key player in India’s solar module manufacturing industry, has announced securing a significant 250 MW order from Gujarat Industries Power Company Limited (GIPCL). The company has received the Letter of Intent (LoI), marking a crucial step forward in bolstering India’s solar energy capacity and contributing to the country’s solar goals.
The high-efficiency solar panels included in this deal are listed on the Approved List of Models and Manufacturers (ALMM), ensuring compliance with top industry standards. This collaboration is expected to significantly boost the solar energy infrastructure in Gujarat.
Gyanesh Chaudhary, Chairman & Managing Director of Vikram Solar, shared his excitement about the deal, stating, “We are thrilled to secure this order, which reinforces the strong and enduring relationship between Vikram Solar and GIPCL. This new agreement underscores their confidence in our capabilities and commitment to excellence. Our focus remains on innovation, performance, and customer satisfaction. As India progresses towards its green energy objectives, we are optimistic about future prospects and are ready to play an integral role in transforming India’s renewable energy landscape and enhancing its stature as a global leader in sustainable practices.”
As per the agreement, Vikram Solar will produce, test, and deliver high-efficiency, bifacial solar PV modules that range from a minimum capacity of 540Wp to a maximum of 570Wp. These modules are set to be installed at the MW RE Park located in Village Khavda, in the vast landscape of the Great Rann of Kutch, Gujarat.
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